Indovation Renewables Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 02-12-2024
- Paid Up Capital ₹ 4.87 Cr
as on 02-12-2024
- Company Age 31 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.30 M
as on 02-12-2024
- Satisfied Charges ₹ 6.00 M
as on 02-12-2024
- Revenue 4.42%
(FY 2017)
- Profit 49.57%
(FY 2017)
- Ebitda 33.74%
(FY 2017)
- Net Worth 0.28%
(FY 2017)
- Total Assets -12.93%
(FY 2017)
About Indovation Renewables
The Corporate was formerly known as Maa Durga Solutions Limited. The Company is engaged in the Service Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.87 Cr.
The company currently has active open charges totaling ₹6.30 M. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indovation Renewables Limited India is Manish Samineni as CFO. Kiran Thummalapalli, Namburu Satyavathi, Korada Srinivasarao, and One other member serve as directors at the Company.
- CIN/LLPIN
U40300TG1992PLC015189
- Company No.
015189
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Dec 1992
- Date of AGM
13 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Indovation Renewables?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiran Thummalapalli  | Managing Director | 28-Mar-2018 | Current |
| Manish Samineni | CFO | 01-Apr-2015 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ragasita Thummalapalli | Additional Director | 05-Apr-2018 | Current |
| Namburu Satyavathi | Director | 14-Feb-2015 | Current |
| Korada Srinivasarao | Director | 14-Feb-2015 | Current |
Financial Performance of Indovation Renewables.
Indovation Renewables Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 4.42% increase. The company also saw a substantial improvement in profitability, with a 49.57% increase in profit. The company's net worth moved up by a moderate rise of 0.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indovation Renewables?
In 2017, Indovation Renewables had a promoter holding of 27.11% and a public holding of 72.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mudunuru LimitedActive 30 years 10 monthsKiran Thummalapalli and Ragasita Thummalapalli are mutual person
- Mudunuru Easy Learning Guru Private LimitedActive 2 years 6 months
Kiran Thummalapalli is a mutual person
- Mudunuru Dreams Academy Private LimitedActive 2 years 6 months
Kiran Thummalapalli is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The A.P. Mahesh Co. Operative Urban Bank Ltd. Creation Date: 21 Dec 1996 | ₹6.30 M | Open |
State Bank Of India Creation Date: 29 Nov 1995 | ₹6.00 M | Satisfied |
How Many Employees Work at Indovation Renewables?
Unlock and access historical data on people associated with Indovation Renewables, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indovation Renewables, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indovation Renewables's trajectory.
Rating
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Alerts
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